Moringa Ingredients Market: Horizon 2028

Moringa Ingredients Market: Horizon 2028 - Opportunities and Challenges Insights - TechSci Research

Posted 2023-09-14 06:52:15

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Global Moringa Ingredients Market Overview

In-Depth Analysis of the Moringa Ingredients Market

Market Size and Growth

According to the TechSci Research report titled, "Moringa Ingredients Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028," the Global Moringa Ingredients Market reached USD 7.01 billion in 2022. This market is poised for significant growth, expected to achieve a CAGR of 9.77% during the forecast period, from 2024 to 2028.

Sustainability in Agriculture

Sustainable Farming Practices and Moringa Cultivation

The remarkable growth in the Moringa Ingredients Market can be attributed to the increasing emphasis on sustainability in agriculture. Moringa cultivation aligns perfectly with sustainable farming practices as the moringa tree is drought-resistant, requires minimal water, and thrives in diverse climates. These qualities make it an appealing crop for sustainable agriculture initiatives worldwide.

Innovation through Research

Exploring Health Benefits and Applications

Ongoing research into the potential health benefits and applications of moringa ingredients is driving innovation. Scientific studies may reveal new uses for moringa ingredients in pharmaceuticals, functional foods, and more.

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Nutritional Richness

Nutritional Properties and Market Growth

Moringa ingredients encompass various parts of the moringa tree, such as bark, seeds, pods, flowers, leaves, and others, which are harvested for their nutritional properties. These components are rich in essential nutrients like protein, carbohydrates, calcium, phosphorus, potassium, iron, vitamins, beta-carotene, and other bioactive compounds. The continuously growing food and beverage sector, coupled with increasing awareness regarding the nutritional benefits of moringa ingredients, is driving their market growth.

Market Dynamics in India

Moringa Ingredients Market in India

In 2020, the conventional origin segment dominated the market for moringa ingredients in India. This dominance is primarily due to the high productivity of local cultivators, facilitated by favorable weather conditions and soil quality. The rising consumer awareness about the health advantages of incorporating moringa into various products, including dietary supplements, functional foods, and tea, is further propelling market expansion.

Agricultural Advancements in India

The cultivation of moringa ingredients in the Indian market is projected to experience substantial growth during the forecast period from 2020 to 2028. This growth is underpinned by continuous advancements in agricultural practices adopted by farmers, driven by increased access to information and educational resources in the agricultural sector. Farmers are transitioning from traditional cultivation methods to more advanced practices, augmenting their income.

Global Supply Chain

Expanding Moringa Cultivation

The market heavily relies on the supply of moringa plant leaves, pods, and other nutritious ingredients. Major players source these raw materials from their native countries, but over time, moringa cultivation is expanding into non-native regions like North America, South America, and Europe to meet the growing demand for these ingredients across various industry sectors.

Market Segmentation

The Global Moringa Ingredients Market is segmented into several categories:

1. Origin

Organic Segment: Leading the market and expected to demonstrate the fastest CAGR between 2023 and 2028. This growth is attributed to the health advantages linked with organically cultivated moringa, bolstering its popularity and demand across various market applications.

2. Application

Food and Beverages Segment: Claiming the largest portion of total revenue, this segment includes a wide array of products, including ready-to-cook items like moringa powder and moringa tea, as well as ready-to-eat options such as moringa chocolates, cakes, juices, and lattes. The surging demand for functional food, particularly among urban populations worldwide, is the primary driver behind the substantial revenue generated by the food and beverages sector.

Nutritional Attributes

The nutritional attributes of moringa ingredients, which encompass pods/seeds, leaves, flowers, barks, honey, and roots, are instrumental in driving their adoption within the food and beverages sector. These moringa-derived ingredients are rich in essential nutrients, including but not limited to protein, fat, carbohydrates, fiber, vitamins (such as B1, B2, B3, C, and E), as well as minerals like calcium, magnesium, phosphorus, potassium, copper, iron, sulfur, and more. These nutritional elements are contributing significantly to the growth of applications within the market.

Major companies operating in Global Moringa Ingredients Market are:

· Organic India Pvt Ltd

· EARTH EXPO COMPANY

· Kuli Kuli Inc

· Ancient Greenfields PVT LTD

· Grenera Nutrients Private Limited

· Botanica Natural Products

· Aayuritz Phytonutrients Pvt.Ltd.

· HNCO Organics Private Limited

· Moringa Initiative

· Green Virgin Products

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“The global moringa ingredients market is poised for exciting growth as it aligns with emerging trends in consumer preferences for natural, sustainable, and health-focused products. From innovative moringa-based foods and supplements to increased transparency and ethical sourcing, these trends will shape the future of the moringa industry. As consumer awareness of the nutritional and medicinal benefits of moringa continues to expand, the market's potential for growth remains strong,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Moringa Ingredients Market By Source (Leaves, Seed, Roots, Flowers, Others), By Origin (Organic, Conventional), By Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Moringa Ingredients Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Moringa Ingredients Market.

What will you get into the sample report?

Our comprehensive report provides valuable insights into emerging market trends, key driving forces, challenges faced by companies, and the dynamics of the Moringa Ingredients Market.

Who will benefit from this Report?

This report is essential for industry stakeholders, including manufacturers, investors, policymakers, and researchers, seeking a deep understanding of the global Moringa Ingredients Market.

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